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Chainlink launches staking to increase the security of oracle services
6.12.2022
Stakers will earn Chainlink tokens as they participate in a decentralized alerting system that flags the network when feeds are not meeting performing requirements
Solana (SOL) is likely to increase by around 50% once it crosses $70
6.12.2022
The technical chart shows a potential downtrend in the next few months, but many Solana enthusiasts expect a Santa Rally to regain the previous support at the end of this year. At the time of writing this post, SOL/USD is trading around $14, at least 50% down from its recent low ($30). In the last...
This Week’s NFT Sales Slid 5% Lower Than Last Week, Ethereum NFT Sales Accounted for 76.8% of the Volume
5.12.2022
On Monday, Dec. 5, 2022, market data shows that non-fungible token (NFT) sales dropped 5.23% lower than last week’s sales despite a 15.16% increase in NFT buyers. Out of the $112.70 million in NFT sales volume over the last week, Ethereum-based NFTs accounted for $86.59 million or 76.8% of the $112...
Demand for Cryptocurrency Miners Rises in Russia Amid Low Prices of Hardware
4.12.2022
Russia’s market for specialized crypto mining equipment has been seeing high demand over the past couple of months, with buyers attracted by the low price tags. Russian experts also predict an increase in the supply of used coin minting hardware as large foreign companies leave the industry....
MEXC’s Changing for You | The 1st Exchange to Launch a Zero Maker Fee Event for Futures Orders
2.12.2022
PRESS RELEASE. In September of this year, blockchain media outlet, Cointelegraph, reported that cryptocurrency trading platform MEXC has ranked as the world’s top liquidity provider. Recently, MEXC announced the growth of its contract business, and its average daily trading volume has reached...
Sanctions Increase Crypto Risks for Russians, Warns Central Bank
2.12.2022
The Russian Central Bank has warned that citizens should stay away from crypto, with “risks” on the rise due to “sanctions from unfriendly countries.” And it has followed up with yet another call for a blanket ban on tokens such as bitcoin (BTC).
TASS, via Finversia, quoted the bank as making...
Manitoba Halts New Crypto Mining Projects Due to Expected High Energy Demand
1.12.2022
Authorities in Manitoba are temporarily suspending the connection of new crypto mining facilities to the power grid. The Canadian province, which relies heavily on hydroelectric generation and attracts miners with low electricity rates, fears it may face overwhelming energy demand. Manitoba...
200% price increase of Oryen Network during its ICO kindles interest in MATIC, SHIB, and FTM Whales
29.11.2022
Cryptocurrencies have the potential to revolutionize how we interact with the digital world, provide a more secure and efficient way of conducting transactions, and uplift the way we store and use data. Some crypto projects show high promise to provide real-world solutions to problems and have...
Amid Civil Unrest in China, Gold and Silver Prices Hold Steady — Equity, Crypto Markets Flounder
28.11.2022
Reports on Monday detail that the zero-Covid policy protests in China have lowered market sentiment as U.S. equity markets show the top four Wall Street indexes are struggling. The global crypto market cap is down 3.5% and getting awfully close to dropping below the $800 billion mark. Precious...
Oryen Network ICO 140% price increase attracts Fantom, DOGE, and Big Eyes investors
22.11.2022
A unique project has been making rounds in the crypto space due to stunning stats of a 140% price increase during its ongoing ICO. Oryen is a cutting-edge decentralized protocol that reshapes the narrow processes of yield in crypto by empowering its network to earn the highest continuous fixed...
Bitcoin Miners Face a Squeeze as BTC Production Cost Remains Well Above Spot Market Value
21.11.2022
Bitcoin miners are dealing with lots of pressure following the recent difficulty adjustment increase on Nov. 20, 2022, and the leading crypto asset dropping further in value against the U.S. dollar following FTX’s collapse. Statistics recorded this past weekend show that bitcoin’s...
Bitcoin’s Mining Difficulty Taps a Lifetime High, Glassnode Says BTC Miners Remain ‘Under Immense Pressure’
21.11.2022
On Sunday, Nov. 20, 2022, Bitcoin’s difficulty rise erased the recent 0.20% decline recorded two weeks ago, as the difficulty metric rose by 0.51% at block height 764,064. The increase on Sunday has pushed the difficulty rating to another all-time high, from 36.76 trillion to the current...
Bitcoin traders increase leverage longs even as crypto critics say BTC is a “pure Ponzi”
18.11.2022
In the past 48-hours Bitcoin traders added to their leveraged long positions even as crypto critics and politicians ramp up their criticism of cryptocurrencies
Bitcoin, Ethereum Technical Analysis: BTC, ETH Decline as USD Strengthens Following Retail Sales Data
17.11.2022
Bitcoin was in the red for a second consecutive session, as markets continued to digest the latest U.S. retail sales figures. Sales rose by more than expected in October, coming in at 1.3%, versus expectations of a 1% increase. The result fueled market belief that the U.S Federal Reserve will...
Bitget Raises Its Protection Fund to $300M to Reassure Users After FTX’s Collapse
15.11.2022
PRESS RELEASE. Nov 15th, 2022 – Leading global cryptocurrency exchange, Bitget announces that it will increase its Protection Fund to 300 Million USD, in order to provide better protection and further assurance to crypto users. This is part of Bitget’s major efforts in building...
Binance Forming Crypto Industry Recovery Fund to ‘Reduce Further Cascading Negative Effects of FTX’
14.11.2022
Cryptocurrency exchange Binance is forming an industry recovery fund to “reduce further cascading negative effects of FTX,” said CEO Changpeng Zhao (CZ). “As an industry, we need to increase transparency,” the executive stressed. “We need to work very closely with...
Cryptocurrency news: Big Eyes continues its impressive run, as Filecoin and PancakeSwap set for 10x increase
12.11.2022
Monitoring the daily events in the cryptosphere increases your chances of making profitable investments. The insights and predictions steer you in the right direction and reduce risk. Filecoin (FIL) and PancakeSwap, alongside the impressive Big Eyes (BIG), emerge as great options for your...
Nintendo Has No Plans To Increase Switch Prices (For Now)
9.11.2022
In its latest earnings briefing, Nintendo continues to say it has no plans to raise prices on its popular Switch console, though it also doesn’t rule out the possibility that it might have to increase prices in the future.Read more
Stablecoin GUSD’s Supply Jumps Close to 130% Higher in 30 Days
7.11.2022
While the stablecoin economy has seen fluctuations from specific stablecoin tokens either increasing the project’s number of tokens in circulation or decreasing the supply, the stablecoin GUSD issued by Gemini has increased by 129.5% during the last 30 days. GUSD Sees Supply Balloon...
Silver Rallies 7% Rising Past $20 per Ounce, US Mint Says Fabricators Are ‘Struggling to Keep up With Demand’
5.11.2022
On Friday, as the global cryptocurrency market cap jumped 5.4% higher against the greenback, U.S. stocks rallied toward the end of the day with the top four major stock indexes gathering gains. Precious metals also soared as the New York spot price of gold per troy ounce increased by 3.20%,...